Wall Street Has Come to Oregon's Forests. Our research seeks to understand this new force.
Challenging Wall Street Forestry
Motivation: in late 2016 we began researching corporate forest ownership across Western Oregon to understand three things:
- The connection of forestland ownership to Wall Street investors
- The connection of corporate forestland owners to the county funding crisis and attacks on the Northwest Forest Plan
- The current science about the ecological impacts of industrial forest management in light of climate change
Now, as we pivot to fully address the climate crisis, our future work will re-interpret prior understandings in light of the need for carbon dense older forests.
All our work on financial forestry is considered in light of the climate crisis. There is an inherent conflict between financial forestry and managing for carbon dense large forests.
Our Work To Date
- Mapped forest ownership for all of Western Oregon
- Interpreted state of Oregon reports on forestland taxation and assessed forestland taxation relative to local government funding
- Revisited our prior Forest That Work analysis to assess lost timber production due to early cutting by financial forest management
- Surveyed new science findings related to plantation forestry and its impact on rivers, streams and watersheds
- Sought out research on forest management and climate change
Our Main Research Findings
Wall Street connected firms in the form of REITs and TIMOs now dominate private forests.
Corporate forestland taxation for local government declined by 75% since the early 1990’s.
Wall Street dominates Western Oregon's forests. Our research has revealed a hard truth about forest conditions, and truth gives us hope.
A Better World is Possible
A new forestry and rural economy is possible. One that contributes to solving the climate crisis. We are exploring how a Green New Deal will build carbon dense forests, provide new rural jobs and transform our rural economy. Putting people before profits is the foundation of our vision.